2022
Exports
$1.81MWorld Rnk 45 / 123
Flag Rnk 704 / 1211
2022
PRODUCT COMPLEXITY IN Petroleum Resins
1.53Rnk 46 / 1025
2022
Imports
$6.41MWorld Rnk 66 / 197
Flag Rnk 638 / 1209
2022
ECONOMIC COMPLEXITY of Bulgaria
0.68Rnk 38 / 133

About

Exports In 2022, Bulgaria exported $1.81M in Petroleum Resins, making it the 45th largest exporter of Petroleum Resins in the world. At the same year, Petroleum Resins was the 704th most exported product in Bulgaria. The main destination of Petroleum Resins exports from Bulgaria are: Serbia ($1.24M), Greece ($140k), Hong Kong ($124k), Romania ($75.2k), and Netherlands ($70.3k).

The fastest growing export markets for Petroleum Resins of Bulgaria between 2021 and 2022 were Serbia ($835k), Hong Kong ($124k), and North Macedonia ($56k).

Imports In 2022, Bulgaria imported $6.41M in Petroleum Resins, becoming the 66th largest importer of Petroleum Resins in the world. At the same year, Petroleum Resins was the 638th most imported product in Bulgaria. Bulgaria imports Petroleum Resins primarily from: Germany ($2.64M), Slovenia ($741k), Belgium ($663k), Austria ($601k), and Netherlands ($449k).

The fastest growing import markets in Petroleum Resins for Bulgaria between 2021 and 2022 were Germany ($887k), Netherlands ($316k), and China ($169k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Petroleum Resins. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.81M
IMPORTS (2022)$6.41M
NET TRADE (2022)-$4.6M

In 2022, Bulgaria exported $1.81M in Petroleum Resins. The main destinations of Bulgaria exports on Petroleum Resins were Serbia ($1.24M), Greece ($140k), Hong Kong ($124k), Romania ($75.2k), and Netherlands ($70.3k).

In 2022, Bulgaria imported $6.41M in Petroleum Resins, mainly from Germany ($2.64M), Slovenia ($741k), Belgium ($663k), Austria ($601k), and Netherlands ($449k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Resins EXPORT MARKETS FOR Bulgaria WERE (2021 - 2022):
Serbia$835k (208%)
Hong Kong$124k (1%)
North Macedonia$56k (2.04k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Resins BY Bulgaria WERE (2021 - 2022):
Netherlands-$332k (-82.6%)
Ukraine-$52.4k (-100%)
Russia-$48.4k (-65.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bulgaria's main exporting competitors in Petroleum Resins were:
In 2022, Bulgaria's main importing competitors in Petroleum Resins were:

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Trade Value of Petroleum Resins by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRomania+ $113k
TOP IMPORT POTENTIALGermany+ $453k

Petroleum Resins’s highest export potential is Romania. With an export gap of $113k.   Petroleum Resins’s highest import potential is Germany with an import gap of $453k.

See methodology.

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